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Allegro MicroSystems

268 hedge funds and large institutions have $3.03B invested in Allegro MicroSystems in 2024 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 110 increasing their positions, 85 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

142% more call options, than puts

Call options by funds: $40.8M | Put options by funds: $16.9M

29% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 85

8% more capital invested

Capital invested by funds: $2.8B → $3.03B (+$226M)

1.49% more ownership

Funds ownership: 53.83%55.32% (+1.5%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

3% less funds holding

Funds holding: 277268 (-9)

11% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 45

Holders
268
Holders Change
-9
Holders Change %
-3.25%
% of All Funds
3.87%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
40
Increased
110
Reduced
85
Closed
45
Calls
$40.8M
Puts
$16.9M
Net Calls
+$24M
Net Calls Change
+$54.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Thrivent Financial for Lutherans
151
Thrivent Financial for Lutherans
Minnesota
$488K -$18.3K -642 -4%
SOMRS
152
State of Michigan Retirement System
Michigan
$486K -$8.54K -300 -2%
HSBC Holdings
153
HSBC Holdings
United Kingdom
$471K +$56.8K +1,994 +14%
American Century Companies
154
American Century Companies
Missouri
$469K +$4.75K +167 +1%
Victory Capital Management
155
Victory Capital Management
Texas
$467K +$42.2K +1,484 +10%
BCM
156
Bayesian Capital Management
New York
$454K -$838K -29,422 -65%
NMIMC
157
Northwestern Mutual Investment Management Company
Wisconsin
$450K +$285 +10 +0.1%
COPPSERS
158
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$447K +$882 +31 +0.2%
Cetera Investment Advisers
159
Cetera Investment Advisers
Illinois
$439K +$212K +7,452 +92%
AIP
160
Ameritas Investment Partners
Nebraska
$429K -$21.8K -765 -5%
MML Investors Services
161
MML Investors Services
Massachusetts
$423K +$2.11K +74 +0.5%
OPERF
162
Oregon Public Employees Retirement Fund
Oregon
$418K -$82.6K -2,900 -16%
A
163
AlphaQuest
New York
$400K +$403K +14,149 New
AIM
164
Aigen Investment Management
New York
$395K +$64.4K +2,262 +19%
Osaic Holdings
165
Osaic Holdings
Arizona
$391K -$12.8K -450 -3%
PNC Financial Services Group
166
PNC Financial Services Group
Pennsylvania
$381K +$59.3K +2,084 +18%
NMERB
167
New Mexico Educational Retirement Board
New Mexico
$376K
ProShare Advisors
168
ProShare Advisors
Maryland
$375K +$32K +1,123 +9%
VPIM
169
Vanguard Personalized Indexing Management
California
$372K +$122K +4,274 +48%
DFCM
170
Dark Forest Capital Management
Puerto Rico
$363K +$366K +12,841 New
Truist Financial
171
Truist Financial
North Carolina
$362K -$49.3K -1,733 -12%
SC
172
Savant Capital
Illinois
$361K -$24.1K -848 -6%
Fifth Third Bancorp
173
Fifth Third Bancorp
Ohio
$347K -$683 -24 -0.2%
AAM
174
Advisors Asset Management
Colorado
$345K +$7K +246 +2%
RIM
175
Rakuten Investment Management
Japan
$335K +$160K +5,605 +89%

ALGM Hedge Fund Activity: Q2 2024 in Review

268 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Allegro MicroSystems (ALGM) for Q2 2024, worth a combined $3.03B — up 8.1% from $2.8B a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of ALGM and 40 opened new positions — a net loss of 5 holders — while 85 trimmed existing stakes and 110 added.

The largest buyer was JP Morgan Chase, adding an estimated $99.2M. The largest seller was OEP Capital Advisors, cutting an estimated $121M.

  • 268 institutional investors held Allegro MicroSystems (ALGM) as of Q2 2024, down from 277 in Q1 2024.
  • Funds reported $3.03B of Allegro MicroSystems stock for Q2 2024, up 8.1% quarter-over-quarter.
  • 40 funds opened new Allegro MicroSystems positions in Q2 2024 and 45 closed out, a net change of -5 holders.
  • The largest Allegro MicroSystems buyer in Q2 2024 was JP Morgan Chase, an estimated $99.2M added.
  • The largest Allegro MicroSystems seller in Q2 2024 was OEP Capital Advisors, an estimated $121M sold.

Based on aggregated 13F filings for Q2 2024.